Statutes > Nevada Statutes > TITLE 55 - BANKS AND RELATED ORGANIZATIONS > Chapter 666A - Foreign Banks > LICENSING > 666A.110 - State representative office: License required; exemption from licensing.

666A.110 - State representative office: License required; exemption from licensing.

666A.110  State representative office: License required; exemption from licensing.

      1.  No foreign bank may establish or maintain a state representative office unless the foreign bank is licensed by the Commissioner to maintain a state representative office.

      2.  A foreign bank that maintains a federal agency or branch in this state may establish or maintain one or more federal representative offices in this state.

      (Added to NRS by 1995, 1540)